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Norfolk Southern Corp

NSC
Exchange
NYSE
Industry
Railroads, Line-Haul Operating
SEC CIK
0000702165

No open-market purchases or sales by Norfolk Southern Corp insiders were filed in the last 90 days; 1,869 institutions reported holding it in 13F filings for Q2 2026, worth $53.6B in total; superinvestors Third Point and Markel Group hold it.

13F holders, Q2 2026

Institutional positions in Norfolk Southern Corp as of Jun 30, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,869
+51 vs. Q1 2026
Shares held
170.6M
+2.79M (+1.7%) vs. Q1 2026
Total value
$53.6B
+$5.51B (+11.5%) vs. Q1 2026
New holders
136
611 more added
Sold out
85
643 more reduced

23 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting NSC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2026: 1,869 institutions
Q1 2021: 1,514 institutionsQ2 2021: 1,546 institutionsQ3 2021: 1,494 institutionsQ4 2021: 1,644 institutionsQ1 2022: 1,646 institutionsQ2 2022: 1,543 institutionsQ3 2022: 1,501 institutionsQ4 2022: 1,592 institutionsQ1 2023: 1,500 institutionsQ2 2023: 1,529 institutionsQ3 2023: 1,444 institutionsQ4 2023: 1,585 institutionsQ1 2024: 1,628 institutionsQ2 2024: 1,565 institutionsQ3 2024: 1,612 institutionsQ4 2024: 1,686 institutionsQ1 2025: 1,656 institutionsQ2 2025: 1,693 institutionsQ3 2025: 1,801 institutionsQ4 2025: 1,852 institutionsQ1 2026: 1,841 institutionsQ2 2026: 1,869 institutions
Value heldQ2 2026: $53.6B
Q1 2021: $49.7BQ2 2021: $48.1BQ3 2021: $42.6BQ4 2021: $52.7BQ1 2022: $50.2BQ2 2022: $39.6BQ3 2022: $36.1BQ4 2022: $41.8BQ1 2023: $35.4BQ2 2023: $37.9BQ3 2023: $33.1BQ4 2023: $40.1BQ1 2024: $43.1BQ2 2024: $36.7BQ3 2024: $42.4BQ4 2024: $41.0BQ1 2025: $41.2BQ2 2025: $45.1BQ3 2025: $50.8BQ4 2025: $49.8BQ1 2026: $48.2BQ2 2026: $53.6B
Institutions holding NSC and their total value by quarter
QuarterHoldersValue
Q2 20261,869$53.6B
Q1 20261,841$48.2B
Q4 20251,852$49.8B
Q3 20251,801$50.8B
Q2 20251,693$45.1B
Q1 20251,656$41.2B
Q4 20241,686$41.0B
Q3 20241,612$42.4B
Q2 20241,565$36.7B
Q1 20241,628$43.1B
Q4 20231,585$40.1B
Q3 20231,444$33.1B
Q2 20231,529$37.9B
Q1 20231,500$35.4B
Q4 20221,592$41.8B
Q3 20221,501$36.1B
Q2 20221,543$39.6B
Q1 20221,646$50.2B
Q4 20211,644$52.7B
Q3 20211,494$42.6B
Q2 20211,546$48.1B
Q1 20211,514$49.7B

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q1 2026.

Institutions holding NSC in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Cape Investment Advisory, Inc.270$84.9K0.02%+270New
Markowski Investments274$86.2K0.02%+274New
Silvant Capital Management LLC275$86.5K0.00%00.0%Unchanged
Smallwood Wealth Investment Management, LLC275$86.5K0.04%00.0%Unchanged
Sittner & Nelson, LLC276$86.8K0.03%00.0%Unchanged
Ogorek Anthony Joseph277$87.0K0.02%00.0%Unchanged
Keating Financial Advisory Services, Inc.280$88.1K0.01%+79+39.3%Added
Loomis Sayles & Co L P289$90.9K0.00%+19+7.0%Added
Addison Advisors LLC290$91.2K0.04%−786−73.0%Reduced
Rossby Financial, LCC291$91.5K0.02%−357−55.1%Reduced
Security National Bank of Sioux City Iowa295$92.8K0.04%+295New
Hoey Investments, Inc297$93.4K0.01%00.0%Unchanged
Prestige Wealth Management Group LLC298$93.7K0.02%+3+1.0%Added
Ulland Investment Advisors, LLC300$94.0K0.07%00.0%Unchanged
Vermillion Wealth Management, Inc.300$94.4K0.02%−13−4.2%Reduced
Thompson Investment Management, Inc.300$94.4K0.01%00.0%Unchanged
Contravisory Investment Management, Inc.300$94.4K0.02%00.0%Unchanged
MPWM Advisory Solutions, LLC307$96.6K0.04%00.0%Unchanged
American Capital Advisory, LLC310$97.5K0.04%+114+58.2%Added
Transamerica Financial Advisors, Inc.317$100.0K0.01%+5+1.6%Added
Action Point Financial Planning, LLC326$101.9K0.01%+326New
Essential Investment Partners LLC326$102.6K0.08%00.0%Unchanged
Towarzystwo Funduszy Inwestycyjnych Pzu SA330$103.8K0.03%+70+26.9%Added
Moisand Fitzgerald Tamayo, LLC332$104.4K0.01%00.0%Unchanged
Owl Creek Wealth Partners LLC332$104.4K0.03%+25+8.1%Added
Ameriflex Group, Inc.334$105.0K0.04%−1−0.3%Reduced
Chapman Financial Group, LLC334$105.1K0.07%00.0%Unchanged
ORG Wealth Partners, LLC334$105.3K0.02%+18+5.7%Added
Nemes Rush Group LLC335$105.4K0.01%+226+207.3%Added
Napier Financial, LLC345$108.5K0.02%00.0%Unchanged
JNBA Financial Advisors346$108.8K0.01%00.0%Unchanged
Exchange Traded Concepts, LLC347$109.2K0.00%−79−18.5%Reduced
Piscataqua Savings Bank355$111.7K0.08%00.0%Unchanged
Quent Capital, LLC355$111.7K0.01%+4+1.1%Added
Providence Capital Advisors, LLC357$112.3K0.02%+357New
Horrell Capital Management, Inc.362$113.9K0.05%00.0%Unchanged
Motco363$114.2K0.01%−2−0.5%Reduced
LRI Investments, LLC383$120.5K0.01%+260+211.4%Added
Bogart Wealth, LLC387$121.7K0.00%+136+54.2%Added
Silver Grove Financial Group, Inc.389$122.4K0.07%+339+678.0%Added
Stone House Investment Management, LLC394$123.8K0.02%+1+0.3%Added
Center for Financial Planning, Inc.394$123.9K0.01%00.0%Unchanged
Perkins Coie Trust Co395$124.3K0.02%00.0%Unchanged
Cascades Capital Asset Management, LLC395$124.3K0.05%00.0%Unchanged
Centaurus Financial, Inc.398$125.0K0.00%00.0%Unchanged
First Financial Corp400$125.8K0.04%00.0%Unchanged
CVA Family Office, LLC403$126.8K0.01%+69+20.7%Added
Glass Jacobson Investment Advisors llc430$135.3K0.04%00.0%Unchanged
Holos Integrated Wealth LLC420$135.6K0.06%00.0%Unchanged
Clear Street Markets LLC435$136.8K0.03%−153−26.0%Reduced
True Wealth Design, LLC440$138.5K0.03%−61−12.2%Reduced
Capital Analysts, LLC446$140.0K0.00%00.0%Unchanged
Compass Financial Management LLC443$140.1K0.02%+443New
Hollencrest Capital Management450$141.6K0.01%00.0%Unchanged
Bank & Trust Co454$142.8K0.09%00.0%Unchanged
Optiver Holding B.V.454$142.8K0.00%+454New
Webster Bank, N. A.455$143.1K0.01%00.0%Unchanged
Clean Yield Group474$149.1K0.04%00.0%Unchanged
First Command Advisory Services, Inc.478$150.4K0.00%−204−29.9%Reduced
First United Bank Trust485$152.6K0.04%00.0%Unchanged
Institute for Wealth Management, LLC.487$153.2K0.01%−325−40.0%Reduced
Federated Hermes, Inc.495$155.7K0.00%−1,920−79.5%Reduced
Duncker Streett & Co Inc495$155.7K0.03%00.0%Unchanged
Coastline Trust Co500$157.3K0.01%00.0%Unchanged
Gen-Wealth Partners Inc500$157.3K0.04%00.0%Unchanged
Bravera Wealth508$159.8K0.06%00.0%Unchanged
Grove Bank & Trust514$161.7K0.02%+84+19.5%Added
Pinnacle Wealth Planning Services, Inc.515$162.0K0.02%+10+2.0%Added
Spire Wealth Management524$164.8K0.00%−1−0.2%Reduced
Manning & Napier Advisors LLC523$165.6K0.00%00.0%Unchanged
Costello Asset Management, INC538$169.2K0.05%+538New
SBI Securities Co., Ltd.539$169.6K0.00%+15+2.9%Added
Tacita Capital Inc550$173.0K0.09%−175−24.1%Reduced
Centennial Bank551$173.3K0.06%00.0%Unchanged
Rowland & Co Investment Counsel566$178.1K0.03%00.0%Unchanged
Osterweis Capital Management Inc582$183.1K0.01%00.0%Unchanged
Reyes Financial Architecture, Inc.591$185.9K0.10%+91+18.2%Added
Deseret Mutual Benefit Administrators596$187.5K0.06%−99−14.2%Reduced
Crews Bank & Trust597$187.8K0.02%+203+51.5%Added
Walleye Trading LLC600$188.8K0.00%00.0%Unchanged
Trifecta Capital Advisors, LLC600$188.8K0.02%00.0%Unchanged
Rosenberg Matthew Hamilton602$189.4K0.04%00.0%Unchanged
Hickory Point Bank & Trust604$190.0K0.12%00.0%Unchanged
Proffitt & Goodson Inc604$190.0K0.03%00.0%Unchanged
Onefund, LLC610$191.9K0.11%−5−0.8%Reduced
Washington Trust Advisors, Inc.619$194.7K0.01%+119+23.8%Added
Pin Oak Investment Advisors Inc634$199.0K0.14%−23−3.5%Reduced
Zinnia Wealth Advisory, LLC636$200.1K0.20%+636New
Smith Partners Wealth Management, LLC637$200.4K0.16%+637New
ESL Trust Services, LLC638$200.7K0.03%00.0%Unchanged
Nomura Asset Management International Inc.643$202.0K0.00%+643New
Mark Sheptoff Financial Planning, LLC645$202.9K0.11%00.0%Unchanged
Fee-Only Financial Planning, L.C.645$202.9K0.11%+645New
Excelsior Advisor Network LLC646$203.2K0.03%+646New
Cumberland Partners Ltd648$203.9K0.01%+648New
Strategic Financial Services, Inc,649$204.2K0.01%+649New
Wealth Effects LLC650$204.5K0.06%+650New
Twin Securities, Inc.652$205.1K0.10%+652New
Smith & Howard Wealth Management, LLC655$206.1K0.04%+655New
Adell Harriman & Carpenter Inc656$206.4K0.01%+656New